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Jan 16, 2013
01/13
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CNBC
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it's been hard on them and the economy, but we found an experiment in retraining... [paper tears] >> the resume, very soon, will become an obsolete tool in the job-search process. >> that may just offer a way back. you just got a new job. >> yes, i did. brings a smile to my face. >> i see that. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we look at two innovative experiments in the housing and job markets aimed at solving long-term problems caused by the great recession. and later on, we examine the impact on brevard county, florida, of scuttling the space shuttle program. we begin with the housing industry. chances are the home you're in isn't worth what it used to be. you may not have indulged in the real estate bubble with its liars' loans and wall street greed, but you were stuck with the bill. and if you thought your home value couldn't drop any more, have a look up and down the block. you might say, "there goes the neighborhood." one of the threats from the great recession was the sudden surge in the number of abandoned houses. as scott pe
it's been hard on them and the economy, but we found an experiment in retraining... [paper tears] >> the resume, very soon, will become an obsolete tool in the job-search process. >> that may just offer a way back. you just got a new job. >> yes, i did. brings a smile to my face. >> i see that. >> welcome to 60 minutes on cnbc. i'm bob simon. in this edition, we look at two innovative experiments in the housing and job markets aimed at solving long-term problems...
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Jan 21, 2013
01/13
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CNBC
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in today's global economy, fishermen from around the world watch the prices set here at tsukiji, which enables them to figure out what their catch is worth. harvard anthropology professor ted bestor understands the movement of money and tuna. >> this place is the nerve center of a global fishing industry. >> it's sort of like a wall street of fish. >> yeah, yeah, it is. it is. there's no futures market, no derivatives, but other than that, it's like the wall street of fish. >> my heavens. >> all bluefin tuna, all fresh, and all expensive. >> at 4:00 every morning, six days a week, the buyers arrive at the market's fresh tuna hall to check out what's on offer. how do the buyers know what's good and what's not so good? >> well, if you look over, you can see them rolling the tuna over on their side, looking in the belly. they're looking for the fat content. they're looking for the color of the meat. essentially, they're x-raying the fish. and then you'll see that they'll take a little piece and they'll rub it between their thumb and forefingers, and that's to get a sense of the oil conten
in today's global economy, fishermen from around the world watch the prices set here at tsukiji, which enables them to figure out what their catch is worth. harvard anthropology professor ted bestor understands the movement of money and tuna. >> this place is the nerve center of a global fishing industry. >> it's sort of like a wall street of fish. >> yeah, yeah, it is. it is. there's no futures market, no derivatives, but other than that, it's like the wall street of fish....
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Jan 21, 2013
01/13
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CNBC
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. mor
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth...
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Jan 21, 2013
01/13
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CNBC
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the entire economy has suffered from the fall of lehman brothers. >> so the whole world? >> yes, the whole world. >> when lehman brothers collapsed, 26,000 employees lost their jobs, and millions of investors lost all or almost all of their money, triggering a chain reaction that produced the worst financial crisis and economic downturn in 70 years. anton valukas' job was to provide the bankruptcy court with accurate, reliable information that the judges could use to resolve the claims of creditors picking over lehman's corpse. had you ever done anything like this before? >> i've never done anything like lehman brothers. i don't think anybody else has ever done anything like lehman brothers. >> so your job, i mean, in some ways, your job was to assess blame? >> our job is to determine what actually happened, put the cards face up on the table, and let everybody see what the facts truly are. >> valukas' team spent a year and a half interviewing hundreds of former employees and pouring over 34 million documents. they told of how lehman bought up huge amounts of real estate
the entire economy has suffered from the fall of lehman brothers. >> so the whole world? >> yes, the whole world. >> when lehman brothers collapsed, 26,000 employees lost their jobs, and millions of investors lost all or almost all of their money, triggering a chain reaction that produced the worst financial crisis and economic downturn in 70 years. anton valukas' job was to provide the bankruptcy court with accurate, reliable information that the judges could use to resolve...
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Jan 18, 2013
01/13
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WJLA
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this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses prepare for a busy three days the transit is getting ready for >> the rush is on already as hundreds of people are inside trying to transform this convention center into a three-story party place. they have three days left to get ready for tens of thousands of party goers. in 2009, the president and the first lady appeared at 10 narble balls. >> the president will dance at all three levels. >> the top floor is reserved for the commander in chief ball and the only place you will see the presidential sale. one floor down it is set for the kids narble -- inaugural concert. >> brad paisley, jennifer hudson smoky robinson, and usher. >>
this is a positive thing for the city and the economy. >> the wrights flu in from florida. >> we -- flew in from florida. >> we're excited to be here and engage in an american tradition. >> despite all the people coming to town, there are still open hotel rooms. occupancy ratings are about 70% right now they were 90% four years ago. you can expect to see deals out there this weekend. reporting live in northwest washington suzanne kennedy. >> now as businesses...
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Jan 15, 2013
01/13
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KGO
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. >>> and a troubling sign for the economy and the financial security for millions of americans. a new report showing that more than one-quarter of american workers are dipping into their 401(k) plans to pay their bills. a major increase from just a few years ago. among workers in their 40s, in fact, that number is even higher. it stands at roughly one in three. >>> and a scare for tennis star serena williams, this morning, chasing a ball in the first set of the australian open here. she actually will fall and stay down for several minutes. but after getting her ankle taped, she was able to bounce back and easily win a first-round match. >>> now, a heartwarming end to what we saw at the top of the show. a frightening scene. fans rushing the court after north carolina state pulled a big win over duke. we are going to zoom in, however. you see there, a young fan in a wheelchair at the front of the crowd. actually recording everything from his perspective. you can see him eventually pushed to the floor. he gets lost in this stampede. obviously, a terrifying moment. he's yelling for
. >>> and a troubling sign for the economy and the financial security for millions of americans. a new report showing that more than one-quarter of american workers are dipping into their 401(k) plans to pay their bills. a major increase from just a few years ago. among workers in their 40s, in fact, that number is even higher. it stands at roughly one in three. >>> and a scare for tennis star serena williams, this morning, chasing a ball in the first set of the australian...
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Jan 17, 2013
01/13
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KGO
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. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn children. >>> and a remarkable story, now, from that helicopter crash in central london just yesterday. the helicopter clipped a construction crane, burst into flames, killing two people, injuring more than a dozen in the process. but the two crane workers survived. why? because they both overslept for the first time in years and were late getting to work. >>> and finally, something of a controversy at subway. a growing movement, now, online has people getting out their measuring tapes showing that the sandwich chain's famous foot-long sub actually falls one inch short. >> oh, no. >> 1
. >>> turning, now, to the economy, a milestone in the housing recoveries. new figures show home foreclosures dropping 17% to a six-year low last month. and construction of new homes hit a nearly five-year high. >>> people with egg allergies will soon be able to get a flu shot. the fda has approved an egg-free vaccine that will be available soon, but only for people 18 to 49 years old. a new study confirms the regular flu shot is indeed safe for pregnant women and their unborn...
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Jan 19, 2013
01/13
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KGO
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all after an expensive campaign, a tough economy and four years. >> just the moment that that was for the country, the first african-american president. and it was new for everyone. but you know what? there still is a level of excitement despite the numbers. >> as we move down pennsylvania avenue. >> reporter: already fortress d.c. is taking shape, a lockdown, as the president talks to historians about hitting the right tones in what will be his last inaugural address. despite the fact this is going to be a much smaller affair, it's going to be a lot of excitement, as anita mcbride said. the number of people, nearly double who came to the second inaugural for president bush and president clinton. >> still, that remarkable drop-off from the last time. david kerley, thank you very much. stay warm. >>> and our special coverage of the inauguration starts tomorrow on "gma." and abc news live coverage of the ceremony on monday, starts at 7:00 eastern, with george stephanopoulos and josh elliott co-anchoring. >> busy monday morning. >>> we're going to switch gears now. we're three days away
all after an expensive campaign, a tough economy and four years. >> just the moment that that was for the country, the first african-american president. and it was new for everyone. but you know what? there still is a level of excitement despite the numbers. >> as we move down pennsylvania avenue. >> reporter: already fortress d.c. is taking shape, a lockdown, as the president talks to historians about hitting the right tones in what will be his last inaugural address. despite...
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Jan 20, 2013
01/13
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KGO
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it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner. >>> five were injured in three separate accidental shootings at gun shows on saturday. people were forced to run for cover after two bystanders were hurt at a show in north carolina when a shotgun discharged as its owner took the gun out of the case. the other incidents were in ohio and indiana. none of the injuries is life-threatening though. >>> new details this morning about that u.s. navy ship that ran aground on a coral reef in the philippines. the navy says the "uss guardian minesweeper" was using a faulty map that had the reef in the wrong spot. all 79 officers and crew have now left the ship after two days tryin
it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner....
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Jan 20, 2013
01/13
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. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins us live.
. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins...
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Jan 21, 2013
01/13
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the president still faces a slow-growing economy and high unemployment. but there are signs things are turning around. real estate is starting to rebound. and the dow recently hit a five-year high. >> we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> reporter: and now, the man who ran the president's re-election campaign is hoping to reform it into a grassroots army to support the president's agenda for a second term. >> we have hundreds of thousands of neighborhood team members and leaders in every state of the union. we're going to work across party lines to get some things done. >> reporter: four years ago, the president promised to rise above partisan politics. >> on this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and wornout dogmas that strangle our policies. >> reporter: it was a promise unfulfilled, as washington became more divided. this time around, he's going to try to directly appea
the president still faces a slow-growing economy and high unemployment. but there are signs things are turning around. real estate is starting to rebound. and the dow recently hit a five-year high. >> we are poised for a good year. if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> reporter: and now, the man who ran the president's re-election campaign is hoping to reform it into a grassroots army to...
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Jan 16, 2013
01/13
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KGO
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it's going to be just enormous for our economy. >> it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with needles and yarn. you can't miss that. stay tuned. you're watching "world news now." stay tuned. you're watching "world news now." ♪ >>> good musical choice, huh? good musical choice. >> good stuff. all right. when you think about criminals serving time behind bars, you probably figure they're pumping iron or shooting hoops. >> and knitting is probably the last thing that comes to mind. two retirees are turning convicts into converts with yarn. here's abc's t.j. winnick with more. >> reporter: barbed wire fences, watchman towers, and a group of men with felony convictions. >> armed kidnapping. >> attempted murder. >> reporter: but li
it's going to be just enormous for our economy. >> it's the largest company in world's history, walmart. they sell more food than -- food -- than any company in the world. >> i had no idea. >> that's how massive it is. 1.6 million employees. >> i think this could really make a difference in our economy. we need it. >>> all right. coming up, what happens when two retirees head to prison with their knitting kits. >> we'll show you those doing hard time with...
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Jan 21, 2013
01/13
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can transpire over the next four years and how that plays into his agenda which is gun control, the economy, health care overhaul. >> and foreign policy is always an issue. so you have the arab spring. most people think that that could be ushering a lot of democracy into the middle east, but we don't know. there's still a lot of tension there. that's going to be an issue for him, as well. >> the plate is full. so enjoy the party today, because the work starts tomorrow. in fact, some republicans are having a little retreat in vegas right now to get out of d.c. so hopefully the partisanship eases a little bit. >> about 100 of them have departed. >> never dull. >>> also some other news this morning, we want to wish our friend and colleague barbara walters a speedy recovery. she was hospitalized saturday after a minor fall in washington. barbara, who is now 83 years old, fell on the stairs at the british ambassador's residence and cut her forehead. she is alert and telling everyone what to do, which is a good sign. she's in the hospital for tests and for some observation. and will not be unfort
can transpire over the next four years and how that plays into his agenda which is gun control, the economy, health care overhaul. >> and foreign policy is always an issue. so you have the arab spring. most people think that that could be ushering a lot of democracy into the middle east, but we don't know. there's still a lot of tension there. that's going to be an issue for him, as well. >> the plate is full. so enjoy the party today, because the work starts tomorrow. in fact, some...
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Jan 13, 2013
01/13
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powerhouse round tables taking on the president's new national security team and his point man to fix the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run alright let's break it down. mom, pop it. ♪ two inches apart, becky. two inches. t-minus nine minutes. [ ding ] [ female announcer ] pillsbury cinnamon rolls. let the making begin. ♪ [ female announcer ] go from zero to pizza in just 60 seconds with totino's pizza rolls and grab a bite of snack-defying, satisfying... because pizza...never...misses. it's on. let's roll. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design?
powerhouse round tables taking on the president's new national security team and his point man to fix the economy. don't miss "this week" with george stephanopoulos coming up at 8:00 right here on abc7. >>> coming up next, a huge turnout, perhaps the biggest ever, for a bay area gun show. why so many people are stocking up. and later, more flu concerns as worries the flu continues to spread and vaccines run alright let's break it down. mom, pop it. ♪ two inches apart,...
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Jan 14, 2013
01/13
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FOXNEWSW
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, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we shortened it down just to give you a flavor. the president does not want to negotiate and he says he has the voters behind him. he wants to congress just let him raise the debt limit or for them to do it. joining me now charles payne from the fox business network and john of left action and wall street journal columnist, the 50 economic indicators that really matter. we were just talking about that sound bite and that exchange with major garrett, formerly of fox and now cbs and the president was testy and didn't seem to much like the questi
, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we...
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Jan 13, 2013
01/13
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a star studded lineup and enthusiastic mood but tempered by high unemployment and a still faltering economy. if you are feeling tense, here is an idea gaining momentum. get out there and throw a snowball. thousands in seattle turning out for the largest ice slinging fight. the nation's most prominent implementing a new and controversial policy. the washington national cathedral will soon begin allowing same-sex marriages. the church will be among the first episcopal congregations to unemployment lement the new right of marriage. it care areries huge symbolism and advocates of traditional marriage say in their opinion it is the wrong move. joining us is john eastman and reverend gary hall dean of the national cathedral. we will be he begin the conversation with dean hall. thank you for joining us. why this decision, why now? >> the episcopal church has gone through a 20 year process trying to decide what to do how to offer gay and lesbian parishonners the tools for living a faithful life and at last year's general convention it approved this right that we are going to use which could be adap
a star studded lineup and enthusiastic mood but tempered by high unemployment and a still faltering economy. if you are feeling tense, here is an idea gaining momentum. get out there and throw a snowball. thousands in seattle turning out for the largest ice slinging fight. the nation's most prominent implementing a new and controversial policy. the washington national cathedral will soon begin allowing same-sex marriages. the church will be among the first episcopal congregations to...
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Jan 17, 2013
01/13
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FOXNEWS
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this is a direct attack on a critical element of algeria's economy. i think as bill said a moment ago, the islamists have been present in algeria for some time. 20 years ago they won the elections there. the military had to come in to take over the government to prevent them from assuming power. this phenomenon didn't happen overnight. it has been building in the arab world. rise of fundamentalist islam, the rise of radical politicized islam. we've seen its manifestation in a number of different ways including al qaeda. but it is broad and it's deep and the idea we can simply say as we've done the past four years the on terror is over, al qaeda is defeated, we don't have to worry about it, we can cut our defense budget without limit, we're seeing right now, right in front of us the danger of this kind of thinking. martha: what should we do? you know, if americans are still being held and this is a very fuzzy situation right now what should the reaction be? >> i think we need to get some clarity what's going on the ground but i think what it also shows
this is a direct attack on a critical element of algeria's economy. i think as bill said a moment ago, the islamists have been present in algeria for some time. 20 years ago they won the elections there. the military had to come in to take over the government to prevent them from assuming power. this phenomenon didn't happen overnight. it has been building in the arab world. rise of fundamentalist islam, the rise of radical politicized islam. we've seen its manifestation in a number of...
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Jan 21, 2013
01/13
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the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show you the beginning of second term, sometimes you get 250, 300,000 at the high end. carl, we'll talk to you later this morning. carl cameron on the mall. martha? martha: people who are here are very enthusiastic and excited to be part of this big day. no doubt that means very tight security here in washington as well. there will be extra air and boat patrols around the city along with checkpoints and metal detectors along the parade route. 2000 police officers from 0 states are helping with security. lined up motorcycles behind us on the parade route. more than 6,000 members
the economy is sluggish. international challenges put a damper on many things. the president has a lot of work to do and a lot of battles ahead with republicans. they expect it could be significantly smaller. instead of 1.8 four years ago. they lowered the crowd estimates. originally 600 to 800,000. yesterday we were infirmed organizers think maybe closer to 500 to 700. only perhaps a quarter of the size of four years ago. of those here no less enthusiasm. bill, martha. bill: history will show...
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Jan 14, 2013
01/13
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FOXNEWSW
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it strikes me that if you do not put the economy on a firmer foundation none of this means anything, does it. >> reporter: you know, bill, you would think so. i think that one of the things that's happened here is because the economy did not really recover in the way we accustomed to before the 2012 election one imagined that president obama would be in all sorts of political trouble and a likely looser. a lot of us thought that, including me. well he won. this president may now have the view that he can defy political gravity and if the economy doesn't get a lot bet and it limps along at its anemic rate of growth his party can survive all that and he can go forward with an aggressive a skwrepbd today, he really does have a bigger mandate than you would think looking at the vote totals that he has, he has the republicans on defense and it's time to go for it, and if they buck him they will be the ones that pay the price in the mid-term elections in two years putting him in an even stronger position. that seems to be the outlook from the white house. i don't think anybody can defy gra
it strikes me that if you do not put the economy on a firmer foundation none of this means anything, does it. >> reporter: you know, bill, you would think so. i think that one of the things that's happened here is because the economy did not really recover in the way we accustomed to before the 2012 election one imagined that president obama would be in all sorts of political trouble and a likely looser. a lot of us thought that, including me. well he won. this president may now have the...
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Jan 15, 2013
01/13
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north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is you would tax things that are currently not being taxed by the state, such as certain legal fees, accounting fees, spa services, and food. ultimately what would you get out of it? >> well, you have to look at some serious points. consumption-based sales and use tax very broad based on both goods and service efs is s is a very good economic driver as compared to the negative effect of income taxes which is a detriment to economic growth and jobs. what we believe is to expand the sales tax basin to goods and services, that is something that would absolutely cr
north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is...
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Jan 20, 2013
01/13
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but i think we have to deal with some of the consolidation issues. >> who are the people in the economy that you rely on during this time? >> it kind of depends on the issue. those on food safety issues and, you know, this debacle with the farm bill, we haven't had a lot of support from anyone, certainly not debbie stabenow, who i used to work with and it's very disappointing. as well as the senator from michigan that we thought we could send to some of these two companies. it's not a joke. people have to keep these elected officials honest and you have to have their constituency. so that is really what our organizers have focused on. >> you mean that organic food is not worth anything? that is something else that the industry influence and paid for. i don't think much of it. >> thank you so much for coming. we really appreciate it. [applause] >> wenonah hauter is the director of food and weather watch. for more information visit food and weather watch.org. >> we are here with judge block. you were brought into the court in 1994. >> yes, i was nominated by president clinton and recommen
but i think we have to deal with some of the consolidation issues. >> who are the people in the economy that you rely on during this time? >> it kind of depends on the issue. those on food safety issues and, you know, this debacle with the farm bill, we haven't had a lot of support from anyone, certainly not debbie stabenow, who i used to work with and it's very disappointing. as well as the senator from michigan that we thought we could send to some of these two companies. it's not...
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Jan 20, 2013
01/13
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so they followed this report in 1964 with a report called trade negotiations for a better free world economy. and this, um, made a lot of recommendations that actually came to pass when the food, the world trade organization was established in the bilateral trade agreements. and it was all about going to where production could be done the cheapest. again, this isn't a conspiracy, this is just companies thinking about where and how they can be most profitable. now, it took 30 years to completely eliminate those new deal programs that i was talking about to manage overproduction. it was during the clinton administration after the u.s. joined the wto that the very controversial 1996 farm bill passed. and that is the legislation that completely did away with the remaining new deal protections, and it deregulated what had already begun in the 1950. it stopped all government intervention in commodity markets, it eliminated all the final vestages of the programs like the grain reserve. and the most immediate result after that bill passed, you may remember it those of you who are old enough, it was
so they followed this report in 1964 with a report called trade negotiations for a better free world economy. and this, um, made a lot of recommendations that actually came to pass when the food, the world trade organization was established in the bilateral trade agreements. and it was all about going to where production could be done the cheapest. again, this isn't a conspiracy, this is just companies thinking about where and how they can be most profitable. now, it took 30 years to completely...
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Jan 20, 2013
01/13
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KPIX
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. >> just felt like the economy was starting to turn and at the same time, the interest rates kept getting lower and lower. that created a sense of urgency. >> reporter: they are hardly alone. at this development east of los angeles, sales have tripled over the last year. they're now selling homes faster than they can build them. >> this community is hoppin''. there's a lot of activity. >> reporter: real estate agent rose broghamer says it's a stark contrast to the scene here five years ago when the real estate boom went bust. there was a period where this was kind of like a ghost town. >> that's a really good word for it. it was very desolate. i did a lot of short sales helped a lot of people move out of their homes, out of their dream homes and had nowhere to put them. >> reporter: and now it's exactly the opposite. >> absolute. now we're seeing it come full circle. >> reporter: and then some. >> this is our master bedroom. >> reporter: the omens haven't even furnished their four-bedroom home with a view but they've already been approached by people asking. >> are you interested in selli
. >> just felt like the economy was starting to turn and at the same time, the interest rates kept getting lower and lower. that created a sense of urgency. >> reporter: they are hardly alone. at this development east of los angeles, sales have tripled over the last year. they're now selling homes faster than they can build them. >> this community is hoppin''. there's a lot of activity. >> reporter: real estate agent rose broghamer says it's a stark contrast to the scene...
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Jan 14, 2013
01/13
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KPIX
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it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so, to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, "a financial disaster" not only for us but for the worldwide economy. so, we've got to pay our bills, and republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial wellbeing of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. the last time republicans in congress even flirted with this idea, our aaa c
it would be a self-inflicted wound on the economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so, to even entertain the idea of this happening, of the united states of america not paying its bills is irresponsible. it's absurd. as the speaker said two years ago, it would be, and i'm quoting speaker boehner now, "a financial disaster" not only for us but for the worldwide economy. so, we've got to pay our bills, and...
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Jan 15, 2013
01/13
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KPIX
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a couple years ago when the economy was really fragile, one of the ways to stimulate the economy was to lower the payroll tax for employees. so it went from 6.2% of your earnings down to 4.2%. that was awesome. it helped you get a little bit more money in your paycheck right? unfortunately, sadly now we're back at 6.2%. it was not extended as part of the fiscal cliff negotiations. >> it's interesting the footlocker chief executive, ken hicks, said that this payroll tax increase actually takes money out of the pockets of consumers. and so how do you think in general, what are economists saying about how it may affect consumer spending? >> a lot of the economists i talk to all the time were up in arms about this because they think that this payroll tax cut was a great form of stimulus. and now the resumption of that 6.2% number means we're probably going shave about a half a percent off our growth rate this year. you think, oh a half a percent, not a big deal. we're only growing by 2% a year so it is a big deal. >> in the beginning when you said between $18 and $20 less a week, it does
a couple years ago when the economy was really fragile, one of the ways to stimulate the economy was to lower the payroll tax for employees. so it went from 6.2% of your earnings down to 4.2%. that was awesome. it helped you get a little bit more money in your paycheck right? unfortunately, sadly now we're back at 6.2%. it was not extended as part of the fiscal cliff negotiations. >> it's interesting the footlocker chief executive, ken hicks, said that this payroll tax increase actually...
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Jan 21, 2013
01/13
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WUSA
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we have a tough economy we need to grow our way out of. that will need attention. we also have moral issues that really need to be addressed like gun violence in society. we have immigration reform that's so necessary for our long-term health of the nation. i think these are issues that people understand are urgent and need care and attention now. >> senator, chuck schumer said he will support chuck hagel for defense secretary. will you?h him one-on-one so i can make sure the concerns i have can be addressed. i have had a brief phone call with him on issues i care deeply about, issues of iran, with regard to women in the millitary, and implementing the don't ask don't tell repeal. >> i know many people pointed fingers at house republicans for being obstructionists but democrats in the senate have not the put forward a budget. do you expect that to change? >> we did have a budget. it was the budget act of last year. it is what has mandated the tough cuts that are facing us in the future. the sequestration is because of the budget we put in place. we're going to look
we have a tough economy we need to grow our way out of. that will need attention. we also have moral issues that really need to be addressed like gun violence in society. we have immigration reform that's so necessary for our long-term health of the nation. i think these are issues that people understand are urgent and need care and attention now. >> senator, chuck schumer said he will support chuck hagel for defense secretary. will you?h him one-on-one so i can make sure the concerns i...
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Jan 19, 2013
01/13
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is it the economy or something else? >> i think a lot of it has to do with the economy and the fact that it's a second inauguration and most people don't have the same excitement about it. but it is 40,000 people. >> sure. >> and it's going to be a crush, i can only tell you that. and if you get a peanut or a pretzel pretzel, you're really lucky. >> when the obamas came to washington, a lot of people thought it was going to be the second coming of cam aelot a swirling around him. did that happen? >> they were really expecting excitement and they were expecting to see the obamas around town and to be invited to the white house and all that. no, it has not happened. somebody was asking me what the social life was like in washington, and i said well, there is no social life in washington. it's like little tiny dutchies all over the city where people have their own little friends and they see each other, but there's no kind of expansive social life that revolves around the white house. >> is that unusual? >> yes. it's gotten
is it the economy or something else? >> i think a lot of it has to do with the economy and the fact that it's a second inauguration and most people don't have the same excitement about it. but it is 40,000 people. >> sure. >> and it's going to be a crush, i can only tell you that. and if you get a peanut or a pretzel pretzel, you're really lucky. >> when the obamas came to washington, a lot of people thought it was going to be the second coming of cam aelot a swirling...
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Jan 19, 2013
01/13
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CNN
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temperature of the global economy. i'll be thousands of miles away but not going to forget about my job. my fox will be on what role the u.s. plays in the global economy and what 2013 is going to look like to the global business elite because their decisions will have an impact on investment and job creation right here in the united states. if you've got questions you want me to ask, you're unclear how the u.s. fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john berman. great to see you here today. we are live in washington, d.c., covering a huge event for this city and a huge event for the entire country. presi
temperature of the global economy. i'll be thousands of miles away but not going to forget about my job. my fox will be on what role the u.s. plays in the global economy and what 2013 is going to look like to the global business elite because their decisions will have an impact on investment and job creation right here in the united states. if you've got questions you want me to ask, you're unclear how the u.s. fits into the global economy right now, hit me up before i go or while i'm there....
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Jan 14, 2013
01/13
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CNNW
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fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about itself. >> peter from cnn money.com. thank you so much. >>> a talk back question for you, what's the best way to honor the newtown victims. you can face book me at facebook.com/carolcnn. >>> we want to take you to baltimore now, it is the johns hopkins summit on gun control. mayor michael bloomberg is speaking. >> including private sales at gun shows and online. these private sales now account for more than 40% of all gun sales nationally, which means that in 2012 alone, there were more than 6 million gun sales that happened with no background checks. many of those guns, being sold are handguns which are used
fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about...
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Jan 15, 2013
01/13
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CNNW
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they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is about this country being the greatest nation on earth. it's our greatest threat to our national security. >> some people would say it is about party politics and some people, frankly, blame the tea party for this terrible gridlock in the house of representatives. there's a tea party group in south florida that's going to change its name to not include the tea party because the public reacts so negatively to that title now. >> i think that's because we have been, i mean just given a bad rap. all we're about is fiscal responsibility. we're not about social issues. all we want is washington to live within
they want congress to work together to get its act together and get the economy moving. >> the american people also elected another house of representatives, a republican house of representatives, and that is our most direct form of representation in the federal government, the house of representatives, and they're the ones that control the purse strings. we have to do something. this isn't -- the thing is this is not about party politics. this is about the solvency of this country, it is...
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Jan 19, 2013
01/13
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fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john berman. great to see you here today. we are live in washington, d.c., covering a huge event for this city and a huge event for the entire country. president barack obama's second inauguration. >> you can just see the beautiful picture behind us. so much going on around the nation's capital this weekend. cnn you can be sure is covering it all. parades, concerts, and religious services all of it leading up to the big main event, president obama's inauguration ceremony coming up on monday highlights of that event, the swearing in, of course, and the inaugural speech. white house correspondent brianna keilar jo
fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john...
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Jan 15, 2013
01/13
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CSPAN2
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but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let me turn the floor to them. >> thank you for your comments, chairman bernanke command for your comments. i am master's student. the first question is, if treasury had a trillion dollar platinum coin, with they have made in the count? if not, why not. >> well, i'm not going to give that any oxygen. [laughter] as you probably know, the treasury and the federal reserve over the weekend, the treasury issued a statement to which the federal reserve approved stating that we did not think this was the right way to deal with this problem. i mean, there are legal issues, pol
but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let...
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Jan 16, 2013
01/13
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the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on future generations, because if we don't , our names will not be called blessed by future jean rations. den jations. we will be cursed. it is my prayer that we get to be responsible in the coming months and the only way we can get there is if people are honest about our history. and with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair will remind members to refrain from engaging in personalities towards the president for what purpose does the gentleman from texas
the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on...
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Jan 16, 2013
01/13
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and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is an opportunity -- mrs. lowey: i'm pleased to yield another minute. mr. moran: another minute. thank you, thank you, madam chair. the fact is that this is an opportunity to show what we're all about. do unto others as we would have them do unto us. let's make this money available. let the northeast repair itself, heal itself, get that economy back on its feet, start returning revenue to the federal government. the fact is that these northeast states contribute more to the federal treasury than they get out of the federal treasury. so let's get this done. and we want to rec
and a lot of the revenue coming into these economies is coming from tourism. they come to see historic structures. they come to see the way that many parts of the northeast were. when we were building the foundation of this country. that money should be made available in whole with federal dollars. mr. frelinghuysen's amendment is right on point. it needs to be included. so i know i'm getting to -- i've got a good speech written to thank you. we've got wonderful staff. but the fact is this is...
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Jan 21, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. oh hi, yes. wow you really went all out on the decorations, huh? yeah, but i'm so slow taking them down after all the fatty holiday food. but that's normal. what do you mean that's normal? it doesn't have to be. to me normal means feeling good inside. not slow. try some activia. activia helps with occasional irregularity when eaten three times a day. keep a video diary and let me know about your new normal. >>> i'm melissa, here's what's happening. more bodies being pulled from an algerian gas plant taken over last week. authorities found at least 55 bodies. they don't know how many are hostages and how many are militants. >> pres
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. [ coughs ] [ baby crying ] ♪ [ male announcer ] robitussin® liquid formula soothes your throat on contact and the active ingredient relieves your cough. robitussin®. don't suffer the coughequences™. oh hi, yes. wow you really went all out on the...
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Jan 16, 2013
01/13
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CNBC
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what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of bothers me though is i'm a little bit worried that this coping is flipping over to complacency. the vix is now at a six-year low, and it tells me that the market is discounting 100% probability that we get through the debt ceiling without any trouble. that seems too high to me. >> so do you think the market is expecting that? i mean, when would you expect a big change in terms of the interest rate scenario? >> in terms of the interest rate scenario, probably nothing this year. i mean, we're at least a couple years away from a higher move -- a move higher in interest
what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of...
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Jan 19, 2013
01/13
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. >> his house is art which in a booming economy you might be able to sell and make some money, but in a recession, completely worthless. >> real estate, his achilles heel. when the market tanked in 2008 mcafee's fortune was seriously downsized. on top of that, he was contesting five lawsuits. the most serious was a wrongful death suit stemming from a fatal 2006 ultra light crash at his flight school. >> one of the lawyers suing mcafee accused him of leaving the united states to avoid paying a huge judgment in that ca case, but whatever his motivation by 2009 mcafee had re-settled in belize and he wanted david faber to tell the world he was back in business. >> i'm an impatient sort of person when it comes to business, and i'm able to do things, you know, very quickly, very freely and without incumbrance. so this is the place. >> to make his point, mcafee set out to show the cnbc crew just what a creative capitalist could achieve in belize. >> this water taxi service, up and running in just two months. these ultra lights, that fatal crash back in the states was no deterrent here. >> wi
. >> his house is art which in a booming economy you might be able to sell and make some money, but in a recession, completely worthless. >> real estate, his achilles heel. when the market tanked in 2008 mcafee's fortune was seriously downsized. on top of that, he was contesting five lawsuits. the most serious was a wrongful death suit stemming from a fatal 2006 ultra light crash at his flight school. >> one of the lawyers suing mcafee accused him of leaving the united states...